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The Reserve Bank of Australia (RBA) is Australia's central bank and derives its functions and powers from the Reserve Bank Act 1959. Its duty is to contribute to the stability of the currency ...

Punters were left disheartened by the central bank's announcement on Melbourne Cup Day. The Reserve Bank of Australia (RBA) has announced another rate hold after the September consumer price index ...

(RTTNews) - The Reserve Bank of Australia is unlikely to cut its interest rates before the first quarter of 2025 as the labor market conditions are still tight relative to full employment, Abhijit ...

There were hopes that the Reserve Bank of Australia (RBA) could be cutting rates as early as next month. This would have been a big boost to homeowners, who are seeing their disposable income ...

By then, the RBA had jacked up the cash rate to 18 per cent without any public announcement! The second revolution aims to make central bank messages more accessible to the general public ...

OpenAI could rebrand its logo to "O" or zero, according to a proposed design shared during a recent company-wide meeting. The ChatGPT maker's staffers have received the rebrand with mixed feelings ...

That came as the RBA followed on the heels of major central banks across the globe, slashing rates in hopes of stoking 'stubbornly absent' inflation. As they say, be careful what you wish for!

The ban, subject to consultation with the RBA, is an attempt to relieve pressure on family budgets in the months ahead of a federal election. But small business groups are warning that there may ...

But the bank has now fallen into line with the three other major banks, saying the RBA won’t move till its first meeting of 2025 in February. “The data was almost certainly a touch too strong ...

On an annual basis, the trimmed mean climbed 3.5%, also in line with forecasts. The RBA is focused on core CPI as government subsidies are suppressing headline prices.

Australia is one week away from hearing whether the Reserve Bank of Australia (RBA) will move to drop, hold or increase interest rates. November 2023 was the last time the cash rate was increased and ...